original property(s)
documents belonging to the 1st respondent-Company to
TNPID Court, Madurai to enable the said court to
proceed with attachment, sale ... Tamil Nadu Protection of Interests
of Depositors(in Financial Establishments) Act, 1997
(‘ TNPID Act ’). The said petition was disposed of by
the impugned order dated
dated 18.04.2015, FIR bearing No.03 of 2015
u/s 5 of TNPID Act & 406, 420, 120(B) P.S. EOW dated
Tamil Nadu Protection
of Interest of Depositors in Financial Establishments
Act, 1997 (TNPID Act ) and 120B of the Indian Penal
Code ( IPC ) are concerned
Protection of Interests of Depositors (in
Financial Establishment) Act, 1997 (for
short, ‘ TNPID Act ’) in its order dated
07.03.2024.
5. Mr. Sabarish Subramanian, learned
counsel
Interests of Depositors (In Financial Establishments) Act,
1997 (for short the TNPID Act ).
2. With the aforesaid liberty, this petition stands
dismissed. We clarify that ... event any
adverse order is passed by the competent authority under the
TNPID Act . We also clarify that we have otherwise not
expressed any opinion
Section 5 of the Tamil
Nadu Protection of Interests of Depositors (TNPID) Act and has been
sentenced to undergo 24 years of rigorous imprisonment
Judge, Special Court under
the Tamil Nadu Protection of Interests of Depositors
(TNPID) Act, 1997 , Coimbatore, wherein it is recorded that
the petitioner has already
proposal to
the Government in accordance with Section
3(ii) of TNPID Act.”
Though the said order was passed by the Special
Judge
connected matters pending before the Special
Judge (TNPID) Chennai shall be disposed of on a day to day basis, no later
than within a period
passed in OA No. 10/2025 passed by the Ld. Special Judge, TNPID
Act, Coimbatore.]
INDIRANI Petitioner(s)
VERSUS
S. THANGARAJ & ANR. Respondent